Michigan Laws 331.63 – Local authority; conveyance of hospital facilities
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Michigan Laws 331.63
- hospital: means a public or nonpublic corporation, association, institution, or establishment located within this state for the care of the sick or wounded or of those who require medical treatment or nursing care or home for the aged or which provides retirement housing facilities described in subdivision (f)(iii) operated without profit to an individual, corporation, or association. See Michigan Laws 331.33
- Local authority: means a public municipal corporation incorporated under this act. See Michigan Laws 331.33
When all bonds issued pursuant to the provisions of this chapter have been retired, then the local authority may convey the title to the hospital facilities to the lessee hospital or organization authorized to operate a hospital in accordance with any agreement executed between the local authority and the lessee hospital.